"The disruption caused to the motor industry highlighted a major weakness in the global supply chain of chips vital to car production and opened yet another front in the rivalry between the US and China. The Chinese government has now granted exemptions to export controls on the chips for civilian applications but has not clarified what it considers those to be."
"But Chinese authorities still want the Dutch to revoke the takeover of Nexperia. "China welcomes the EU to continue exerting its influence to urge the Netherlands to correct its erroneous practices as soon as possible," the commerce ministry said in a statement on Sunday. Nexperia's parent company Wingtech Technology did not respond to a BBC request for comment. At the centre of the dispute is a critical part of the world's chip ecosystem. Nexperia makes so called "legacy" or "building block" semiconductors that are"
Late September, the Dutch government invoked a Cold War-era emergency law to take control of Chinese-owned chip company Nexperia operating in the Netherlands. The minister of economic affairs cited "serious governance shortcomings and actions within Nexperia" that posed a threat and framed the measure as protecting supply continuity and critical technologies for the Dutch and European economy. Beijing reacted angrily, imposed export controls and halted deliveries of Nexperia chips from China while the Netherlands froze shipments of key supplies needed to make the chips. The disruption exposed vulnerabilities in the automotive chip supply chain amid US-China tensions. China later granted unspecified exemptions for civilian chip exports and urged the Netherlands to revoke the takeover, while Nexperia's parent Wingtech did not respond to requests for comment. Nexperia produces legacy or building-block semiconductors critical to the global chip ecosystem.
Read at www.bbc.com
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